DeFi · rank #1014

KernelDAO KERNEL

KERNEL cycle analysis · chart, confirmed lows and fundamentals

$0.0456-1.7% 1d+1.4% 7d-3.5% 30d

Red List Recovering held Phoenix · monthly · score 65 mixed

82.0% below its 365-day high of $0.2535 (2025-10-28), +49.6% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.03130.1050.35252025-042026-012026-10peak 0.39low 0.0305 (92%)false bottommonthly trigger 0.0494
Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules on 2026-10-19. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +49.6% above the Aug 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 1

Last bars
2Dr 2Dr 3g 2Ug 1r
Confirmed low
$0.0305 · 2026-08-31
Position
2 of median 7.0 (max 8)
Current low
$0.0305 · confirmed
Cycle-low confidence
—
Confirmed lows
3

Weekly 1

Last bars
2Ug 1r 2Dr 2Dr 1g
Confirmed low
$0.0372 · 2026-09-20
Position
5 of median 7 (max 18)
Current low
$0.0387 · unconfirmed
Confirms above
$0.0504
Cycle-low confidence
85% · in band
Confirmed lows
10

Daily 1

Last bars
2Dr 2Dr 2Ug 2Ug 1r
Confirmed low
$0.0387 · 2026-10-18 (daily)
Position
3 of median 5.0 (max 17)
Current low
$0.0387 · confirmed
Cycle-low confidence
85%
Confirmed lows
97
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0305 (Aug 2026), month 2 of a cycle that has typically run 7.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.03723 (Sep 2026), week 5 of a cycle that has typically run 7. Current low 0.03867 is unconfirmed — it confirms above 0.05044. Cycle-low confidence 85%.
  • Daily: bar is a red inside bar. Last confirmed swing low 0.03867 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 85%.
  • Red List: 82% below the 2025-10-28 high; +50% off the 365-day low.
  • Phoenix: 92% decline over 16 months, monthly swing low confirmed (next-bar), now +50% above the trough; pullback #2 confirmed 2026-09-27.
  • Gauges: Mayer multiple 0.91 (cheap); -87% from the all-time high.

Has KernelDAO bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the KERNEL snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0305 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0372 from 2026-09-20. A newer candidate at $0.0387 is unconfirmed; its confirmation level is above $0.0504, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0387 from 2026-10-18. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is KernelDAO below its high?

The Coinbase price snapshot is 82.0% below its rolling 365-day high of $0.2535 from 2025-10-28. Separately, CoinGecko reports -90.4% relative to its all-time high of $0.4732 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Amber List; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  2. Amber List · Phoenix weekly → Amber List; recovering · Phoenix monthly
  3. First observed: Amber List · Phoenix weekly

Phoenix

stopped falling, by the rules
Peak
$0.3900 · Apr 2025
Trough
$0.0305 · Aug 2026
Decline
-92.2% over 16 months
Above trough
+49.6%
Monthly
confirmed (next-bar) · trigger $0.0494
Weekly
confirmed (next-bar)
False bottom
$0.0451 · Feb 2026 (2 higher highs, then undercut)
Entry
pullback #2 low $0.0372 confirmed 2026-09-27 · trigger $0.0438
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health33 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
20.62 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
3.47 x0.0 / 15
Size (market-cap rank)
survivorship
1014 #0 / 15
Age on Coinbase
survived a cycle
1.5 yrs2.9 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$15.6M
Fully diluted
$54.3M
24h volume
$3.2M
Circulating
287,808,020 of 1,000,000,000 max
All-time high
$0.4732 · 2025-04-14 (-90.4%)
Mayer multiple
0.911 · cheap
Pi cycle
0.324
On Coinbase since
2025-04-14 (556 bars)
CoinGecko id
kernel-2 check

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources